Overview
What is Malone Island Association Inc?
Malone Island Association Inc is a nonprofit organization situated in Isle, Minnesota. Their primary role is that of a Homeowners Association, overseeing the maintenance of property owned by its members. This includes covering taxes, ensuring upkeep, and managing various expenses for the well-being of Malone Island. Beyond property management, they also focus on preserving the island community and addressing issues related to aquatic weed mitigation. The Association serves as a collective entity, benefiting its members by managing shared responsibilities and resources effectively.
Is Malone Island Association Inc legitimate?
Malone Island Association Inc is a legitimate nonprofit organization registered as a 501(c)(7) entity. Malone Island Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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What is the mission statement of Malone Island Association Inc?
The Malone Island Association Inc serves as a Homeowners Association, dedicated to maintaining the property owned on Malone Island. Their mission is to ensure the payment of taxes, manage upkeep, and cover various expenses, all with the primary objective of benefiting the Malone Island community as a whole. Additionally, the association is involved in preserving the island's aquatic environment by addressing issues related to weed mitigation.
Who is the CEO of Malone Island Association Inc?
Richard Behnke is the Trustee of Malone Island Association Inc.
What is the revenue of Malone Island Association Inc?
Malone Island Association Inc's revenue in 2020 was $9,856.
Who are the executives of Malone Island Association Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Malone Island Association Inc?
Malone Island Association Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Malone Island Association Inc
Malone Island Association Inc, as a homeowners association, is dedicated to ensuring the upkeep and maintenance of the property on Malone Island. Their mission is centered around paying taxes, managing expenses, and maintaining the overall well-being of the island community for the benefit of its residents. Additionally, the organization is involved in aquatic weed mitigation, working to preserve the island's natural environment. By fulfilling these responsibilities, Malone Island Association Inc contributes to the preservation and overall maintenance of the Malone Island community.
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Impact
October, 2024
Malone Island Association Inc significantly impacts the preservation and maintenance of the island community, ensuring that property owners benefit from well-kept surroundings. By managing upkeep, property maintenance, and tax payments, the association plays a crucial role in sustaining the quality of life for residents.
One of its primary activities involves addressing environmental concerns, such as aquatic weed mitigation, which enhances the natural beauty and recreational opportunities of the island. This active management of the island's ecological health directly contributes to the enjoyment of residents and visitors alike.
The association's commitment to maintaining the island fosters a sense of community and enhances property values, making Malone Island a desirable place to live. Overall, its efforts create a more vibrant and sustainable environment for all who call the island home.
This information is meant to be a general summary of Malone Island Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2020.
- Program Service Revenue: $9,856
- Gross Receipts: $9,856
Assets and Liabilities:
- Total Assets: $2,831
- Total Liabilities: $0
- Net Assets: $2,831
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Membership Dues & Assessments
Revenue
$9,856
Organization Details
Phone
(651) 247-2771Principal Officer
Richard Behnke
Main Address
PO Box 908, Isle, MN, 56342
NTEE Category
Code: N50 - Recreation
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